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It sounds utterly reckless, almost suicidal for global stability: blocking the Strait of Hormuz would deal a devastating blow ...
According to an analysis by Emperador, any disruption in energy exports through this strategic checkpoint may result in a 25% ...
Oil futures surged on Sunday night after US strikes on Iran’s three main nuclear sites intensified fears of a potential supply shock, amid growing concerns that Tehran could retaliate by closing ...
The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually.
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Oil back to $60 as geopolitics fade

The U.S. Energy Information Administration (EIA) has slashed its Brent crude oil price forecast. In its August Short-Term Energy Outlook, it expects global oil prices to fall from $71 per barrel in ...
The Strait of Hormuz handles around 20 million barrels of crude oil per day — nearly one-fifth of global daily consumption. A closure would cripple oil exports from key Gulf producers including ...
Iraq and Syria on Tuesday discussed ways to boost bilateral energy co-operation, including the revival of the long-defunct ...
The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.
"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...
Pipelines quietly transport most of the world’s oil and gas with unmatched efficiency and reliability. Strategic pipelines influence geopolitics, bypass chokepoints, and secure energy supply ...